Cardano founder's response on if SEC can destroy crypto shared by Charles Gasparino CardanoADA CardanoCommunity ADA $ADA
Earlier in the week, the crypto market awoke to the shocking news that Paxos had been ordered to stop BUSD stablecoin minting and also issued a Wells notice by the SEC that BUSD stablecoin is an unregistered security.shared a scoop that the SEC was making a move against crypto: "Per @EleanorTerrett & my reporting: Securities lawyers including a past top @SECGov official say SEC looking to largely 'cut off' crypto in all its forms after FTX debacle.
As reported earlier, CryptoLaw founder John Deaton opined that the SEC's"regulation by enforcement" policy might continue to be the only source of guidance for the market.
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